Russian Grains Market: 7-14 November 2025 Russia reported an air attack on the port of Novorossiysk, its main Black Sea export hub. The attack disrupted both oil and grain trade. Spot prices initially rose by several dollars but returned to previous levels by week’s end. The long-term outlook remains stable to bearish as this year’s large crop continues to pressure the domestic market. Export duties could support prices, but current levels are historically low. The government appears committed to keeping export duties minimal to boost sales. Eastern Russia was bullish a week ago but has since stabilized as supply remains ample and demand from Kazakhstan is weak. Kazakhstan harvested an estimated 27.1 MMT of grains, including 20...
From WPI Consulting
Communicating importance of value-added products
Facing increasing pressure to quantify the value of export promotion efforts to investors, a U.S. industry organization retained WPI to develop a quantitative model that better communicated the importance of exports. The resulting model concluded that value-added meat exports contributed $0.45 cents per bushel to the price of corn, increasing support for that sector’s financial support of WPI’s client. In addition to serving the red meat industry with this type of analysis, WPI has generated similar deliverables for the U.S. soybean and poultry/egg industries.